Swing Loan definition
Swing Loan has the meaning specified therefor in Section 2.3(b) of the Agreement.
Swing Loan means any loan made by the Swing Line Lender under the Swing Line Facility pursuant to Section 2.04.
Swing Loan has the meaning specified in Section 2.3 (Swing Loans).
Examples of Swing Loan in a sentence
Lenders shall have no obligation to make any Revolving Advance (other than a Revolving Advance to reimburse Issuing Bank for any draw on a Letter of Credit issued pursuant to the terms hereof or to pay a Swing Loan extended pursuant to the terms hereof) if an Event of Default or an Unmatured Event of Default has occurred and is continuing unless agreed to by Majority Lenders.
Each Revolving Advance made pursuant to each request made by Swing Lender pursuant to the foregoing sentence shall be considered to be a Revolving Advance, and Borrower hereby irrevocably instructs Swing Lender to apply the proceeds of such Revolving Advances to the prepayment of such Swing Loan.
Borrower shall request a Swing Loan by written notice to Swing Lender.
More Definitions of Swing Loan
Swing Loan and “Swing Loans” each is defined in Section 1.7 hereof.
Swing Loan has the meaning set forth in Section 2.3(d)(i).
Swing Loan means a loan that shall be denominated in Dollars made to US Borrower by the Swing Line Lender under the Swing Line Commitment, in accordance with Section 2.2(c) hereof.
Swing Loan means a Loan made by Wachovia pursuant to Section 2.01(b), which must be a Base Rate Loan or a Transaction Rate Loan.
Swing Loan is defined in Section 2.16.
Swing Loan has the meaning set forth in SECTION 2.3(d)(i).
Swing Loan has the meaning specified in clause (i) of subsection 1.1(c).